I think Theo's "waves" metaphor is the best way to think about the farm currently. Because it's probably average all in all but saying it's average and then calling it a day does a terrible job of setting the right expectations. Broadly the 2026 club should have all the reinforcements it could ask for, but then there's a big gap hollowed out by trades before things pick back up again.
Wave 1 - The MLB-adjacent guys
This group is absolutely horsefeathering stellar. Mo, Caissie, and Alcantara divide the industry a bit, but each were top 50 prospects in multiple mid-season lists. Wiggins is a pretty consensus monster, and Jonny Long lacks some ceiling but is a quality player/prospect. That's 5 prospects who look like first division types, PLUS the guys who are in prospect limbo like Brown, Wicks, and Hodge provide some real talent as well.
Wave 2 - The trending towards late '26 debuts
On the flipside, this group is in terrible shape. Triantos and Ramirez look like quality bench players, and there's probably some middle relief and 5th starter outcomes in the Sanders/Kipp/etc. group, but this chunk if the farm is basically barren. If the entire farm looked like this it'd be the 30th ranked org in the league. It should be noted that this is where Hope, Ferris, and arguably Smith would have lived if they hadn't been traded
Wave 3 - South Bend (and the youngest youngsters at Tenn)
This is where the farm gets back to cooking. Tennessee's not in the best shape but with Rojas, Hernandez, and to a lesser extent Armas there's some fresh talent arriving and improving things from last year's second half. Then you have South Bend which has a phenomenal lineup. Just 1-9 legitimate prospects. The pitching is still not great at SB, but there's at least some arms and honestly even if there weren't with that lineup it's an affiliate you'd be happy with
Wave 4 - The Youths
This is going to be a real dice roll. The Cubs have a good number of IFA guys that are slated to open at Myrtle. It's a ton of talent, but the reports out of the ACL haven't been amazing to this point. I suspect we're in for another year like last year where this group gets it's collective ass handed to it in the 1st half but adjusts in the 2nd half and leaves us feeling good. Not an IFA but Josiah Hartshorn might be the most talented player in the org and is our best chance at an absolute monster Top 5 overall type prospect